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14601 Ramsey Boulevard <br /> CONNEXUS" Ramsey,Minnesota 55303 <br /> ENERGY 763.323.2600 <br /> Fax:763.323.323. <br /> 2603 <br /> 1.800.642.1672 <br /> www.connexusenergy.com <br /> Your Community Energy Partner info@connexusenergy.com <br /> August 3, 2010 <br /> Mr. Bryan Bear <br /> Community Development Director <br /> City of Hugo <br /> 14669 Fitgerald Ave N <br /> Hugo, MN 55038 <br /> Economic Development Assistance <br /> Dear Mr. Bear: <br /> If you're looking to attract new businesses, Connexus Energy can help. To encourage economic growth, we are <br /> offering a five-year discounted rate to new or expanding large electrical users. This is an opportunity that will <br /> only be available for a limited period of time. We're optimistic this added incentive to qualifying new and <br /> expanding businesses will create additional jobs in your area. <br /> Connexus Energy also offers an expansive portfolio of energy-efficiency rebates. The rebates provide capital <br /> upfront to offset the incremental expense of installing high-efficient equipment. Combined with rate assistance, <br /> these benefits may help convince potential new businesses to move to your area. <br /> We understand confidentiality can be a concern when negotiating with a prospective new company. When you <br /> ask for our assistance, we are willing to enter into a confidentiality agreement to keep others from finding out <br /> about your economic development opportunity prematurely. <br /> We're here to help. We welcome the opportunity to work together with you on your next project. If you would <br /> like Connexus Energy's assistance in attracting businesses to your area,please give us a call. <br /> Sincerely, <br /> I <br /> 1 <br /> an Burandt Duane Arens <br /> Manager, Coordinator, <br /> Business&Community Relations Community&Economic Development <br /> 763.323.2785 763.323.2719 <br />